Schumann resonances can be found in planetary atmospheres, inside the cavity formed by the conducting surface of the planet and the lower ionosphere. They are a powerful tool to investigate both the electric processes that occur in the atmosphere and the characteristics of the surface and the lower ionosphere. Results from a full 3‐D model of the Earth‐ionosphere electromagnetic cavity based on the Transmission‐Line Modeling (TLM) method are presented. A Cartesian scheme with homogeneous cell size of 10 km is used to minimize numerical dispersion present in spherical schemes. Time and frequency domain results have been obtained to study the resonance phenomenon. The effect of conductivity on the Schumann resonances in the cavity is investigated by means of numerical simulations, studying the transition from resonant to nonresonant response and setting the conductivity limit for the resonances to develop inside the cavity. It is found that the transition from resonant to nonresonant behavior occurs for conductivity values above roughly 10−9 S/m. For large losses in the cavity, the resonances are damped, but, in addition, the peak frequencies change according to the local distance to the source and with the particular electromagnetic field component. These spatial variations present steep variations around each mode's nodal position, covering distances around 1/4 of the mode wavelength, the higher modes being more sensitive to this effect than the lower ones. The dependence of the measured frequency on the distance to the source and particular component of the electric field offers information on the source generating these resonances.